HYCM
IC Markets
VS
Higher Rated
IC Markets
Capital at risk · T&Cs apply
In this broker comparison, we delve into the differences between HYCM and IC Markets, two established names in the trading industry. HYCM, with a long-standing history since 1977, is appealing to traders seeking a reputable broker with robust regulatory oversight and a strong presence in the MENA and Asian regions. In contrast, IC Markets, founded in 2007, attracts traders looking for ultra-low spreads and fast execution speeds, supported by multiple trading platforms including TradingView. Both brokers offer a wide range of markets, but differ in minimum deposit requirements and platform offerings, catering to different types of trading preferences.
HYCM
IC Markets
| HYCM | IC Markets | |
|---|---|---|
| BrokerRank Score | 3.4/5 | 3.9/5 ✓ |
| Min. Deposit | $100 ✓ | $200 |
| Spread from | 0.2 pips | 0 pips ✓ |
| Max Leverage | 1:500 | 1:500 |
| Regulation | FCA, CySEC, DFSA ✓ | ASIC, CySEC |
| Platforms | MT4, MT5 | MT4, MT5, TradingView |
IC Markets is the better choice overall, scoring 3.9/5 vs 3.4/5 on BrokerRank's independent rating. On fees, IC Markets offers lower spreads (0 pips).
See full side-by-side comparison belowHYCM
WinnerIC Markets
HYCM
IC Markets
HYCM
3.4/5
Choose HYCM if you want…
IC Markets
3.9/5
Choose IC Markets if you want…
IC Markets scores higher overall on our independent rating system. HYCM holds a 3.4/5 rating vs IC Markets's 3.9/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
HYCM offers spreads from 0.2 pips, while IC Markets starts at 0 pips. Check the fees section above for a full breakdown.
HYCM requires a minimum deposit of $100. IC Markets requires $200.
HYCM is regulated by FCA, CySEC, DFSA, while IC Markets holds licences from ASIC, CySEC.
HYCM supports MT4, MT5. IC Markets supports MT4, MT5, TradingView, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.